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MercadoLibre plans $3.4 billion Mexico investment in 2025

MercadoLibre plans $3.4 billion Mexico investment in 2025

MEXICO CITY (Reuters) -Latin American e-commerce giant MercadoLibre (NASDAQ:MELI) will invest $3.4 billion in Mexico this year, focusing on its tech product and financial services, an executive from the firm said on Friday."This figure represents a 38% increase compared to our investment last year," said David Geisen, the firm’s Mexico head, at a press conference alongside Mexican President Cl ...

2025-03-08 03:28:05
Couche-Tard executives to visit Tokyo to speak on $47 billion Seven & i bid

Couche-Tard executives to visit Tokyo to speak on $47 billion Seven & i bid

(Reuters) -Canada’s Alimentation Couche-Tard said on Friday its top executives will visit Tokyo to speak with media about its $47 billion bid to buy 7-Eleven convenience store operator Seven & i Holdings.Founder Alain Bouchard, CEO Alex Miller and CFO Filipe Da Silva will hold a media briefing from 0200 GMT on March 13.Couche-Tard, which operates Circle-K convenience stores, said earlier it ...

2025-03-08 03:26:50
MercadoLibre plans to boost investment, employment in Mexico by 2025

MercadoLibre plans to boost investment, employment in Mexico by 2025

Investing.com -- MercadoLibre (NASDAQ:MELI), the e-commerce and fintech company, has announced plans to increase its investment and workforce in Mexico. The firm is looking to hire an additional 10,000 employees in the country by 2025, according to David Geisen, the Head of MercadoLibre Mexico. This announcement was made at a daily press conference led by President Claudia Sheinbaum.The funds wi ...

2025-03-08 03:25:30
Outflow from London gold vaults to US slows down, says LBMA

Outflow from London gold vaults to US slows down, says LBMA

LONDON (Reuters) - The outflow of gold stored in the London vaults to the United States slowed in February, the London Bullion Market Association (LBMA) said on Friday, as the price swings which attracted the shipments wound down.Since late November, when U.S. President Donald Trump pledged to impose import tariffs on Canada and Mexico, bullion worth $64.5 billion was delivered to the Comex gold s ...

2025-03-08 03:24:03